Former lawmaker and minister from Democratic Party arrested by Anti-corruption body during investigation of misappropriation of funds at Development bank of Mongolia.

B.Garamgaibaatar, former lawmaker and owner of Monroad, road construction company and N.Batbayar, former lawmaker and minister of Economic development under previous gov't are arrested by agents of Independent agency against Corruption on Monday evening around 7 pm.

They were under investigation in relation to misappropriation of funds at the Development bank. Monroad company is one of larger borrowers of the Bank.

Garamgaibaatar was questioned from 3 pm until his arrest at the agency and then detained at Detention unit no.461.

N.Batbayar was arrested around 8 pm and detained under arrest warranty of State prosecutor.